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COOLS TRANSPORT

Active
Public limited companyfounded 1984active for 42 yearsKouter 203, 9800 Deinze, BelgiumKBO/BCE: BE 0426.215.921
Summary

The computed 12-month bankruptcy probability of COOLS TRANSPORT is 2.8% (moderate). The 2024 annual accounts show equity of €3.1m and a net result of €119,723. Equity is growing by about 12% per year across the filed financial years. Its solvency ranks better than 40% of 1,854 sector peers (NACE 49, financial year 2024). The company has been active since 1984 and the Belgian Official Gazette contains no insolvency or warning signals.

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COOLS TRANSPORTActiveChecked score 51/100
Risk analysis ReportCompare

Overview

Activity
Freight transport by road
NACE 49410
Largest company by total assets in Deinze, Transport and storage sector1 site
Size
≈ €10.0mturnover 2024, estimated
Staff
49.4 FTE
Equity
€3.1m
Profit
€119,723
Turnover estimated from the gross margin
Financial health
51 Fair Checked score 2024
Bankruptcy probabilitywithin 12 months
2.8%
Structure
Parent
Shaggie BV
2025 accounts not filed, 92 days past the deadline3 of 9 deeds summarised
Why 51raises riskFigures for financial year 2024 (filed 30-10-2025)Liquidity: current ratio 1.38, cash €305,101Sector: Land transport and transport via pipelines (NACE 49)lowers riskFounded in 1984Show the evidence

Checked score

Score 2024
51 / 100
Fair
Probability in this band: 1.5% to 4.2%
Financially better than 38% of its sector peers (NACE 49, small)
Every signal that counts is listed under Signals.
Financial strength · tick = 2023
Average
Solvency 59+3
equity 34.1% of total assets
Liquidity 29-1
short-term debt 50.6% · cash 3.4%
Profitability 70+7
return on assets 1.3%
Bankruptcy probability, 12 months
2.8% Moderate
0%0.5%1.5%4%10%≥ 25%

About 3 in 100 comparable companies go bankrupt within 12 months (an estimate).

Sector median 0.5% (1,181 companies, NACE 49, small)
Last 24 months 11-2024: 1.9% 12-2024: 1.2%▼ -0.7 percentage points vs 11-2024 01-2025: 1.2%● unchanged vs 12-2024 02-2025: 1.2%● unchanged vs 01-2025 03-2025: 1.2%● unchanged vs 02-2025 04-2025: 1.1%▼ -0.1 percentage points vs 03-2025lowest value 05-2025: 1.2%▲ +0.1 percentage points vs 04-2025 06-2025: 1.2%● unchanged vs 05-2025 07-2025: 1.3%▲ +0.1 percentage points vs 06-2025 08-2025: 1.8%▲ +0.5 percentage points vs 07-2025 09-2025: 2.1%▲ +0.3 percentage points vs 08-2025 10-2025: 2.7%▲ +0.6 percentage points vs 09-2025 11-2025: 1.2%▼ -1.5 percentage points vs 10-2025 12-2025: 1.2%● unchanged vs 11-2025 01-2026: 1.2%● unchanged vs 12-2025 02-2026: 1.2%● unchanged vs 01-2026 03-2026: 1.2%● unchanged vs 02-2026 04-2026: 1.2%● unchanged vs 03-2026 05-2026: 1.2%● unchanged vs 04-2026 06-2026: 1.3%▲ +0.1 percentage points vs 05-2026 07-2026: 1.3%● unchanged vs 06-2026 08-2026: 2.0%▲ +0.7 percentage points vs 07-2026 09-2026: 2.2%▲ +0.2 percentage points vs 08-2026 10-2026: 2.8%▲ +0.6 percentage points vs 09-2026highest value
Credit of up to €150,000 on 30-day terms, only on tighter conditions: an expected filing is missing beyond Checked's processing allowance
Liquidity tight (current ratio 1.38, compared with 1.4 in 2023, below the usual 1.5; short-term debt: 50.6% and cash: 3.4% of total assets), and 65.9% of the assets are financed with debt and provisions.
How it is calculated

The band follows from the bankruptcy probability, on a scale where 10 more points roughly halve it:

75-100 Excellent under 0.55%
60-74 Healthy 0.55% to 1.5%
45-59 Fair 1.5% to 4.2%
25-44 Weak 4.2% to 15.0%
0-24 Critical over 15.0%

Where the company stands within its band depends half on the bankruptcy probability and half on how it does against its sector peers (NACE 49, small): better than 46% on solvency, 21% on liquidity, 41% on profitability and 45% on growth.

The bankruptcy probability was computed on 30-10-2026 by the bankruptcy model of 2 October 2026, which learns from Belgian bankruptcies and reads the registers, the annual accounts and the Belgian Official Gazette.

Some facts cap the score, however low the probability. Negative or zero equity, a heavy loss, a special status in the KBO, one missing filing or accounts filed more than 90 days late hold it at Fair at most (59); two missing filings, at Weak (44). An ongoing judicial reorganisation or the company's end (bankruptcy, dissolution, liquidation) holds it at Critical at most (24).

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Signals

Six signals.
lowers riskraises risk
raises risk · Figures for financial year 2024 (filed 30-10-2025)
NBB · annual accounts
raises risk · Liquidity: current ratio 1.38, cash €305,101
NBB · annual accounts
lowers risk · Founded in 1984
Companies that have existed this long fail less often; how much that weighs depends on the rest of its profile.
KBO
raises risk · Sector: Land transport and transport via pipelines (NACE 49)
KBO
raises risk · Annual accounts not filed
The financial year that closed on 31-12-2025 was due at the National Bank by 31-07-2026. Nothing is on record, 92 days later.
NBB · 10 filings
Position against the passed deadline
31-12-2025 year end31-07-2026 deadline31-10-2026 today
raises risk · 2024 accounts filed 90 days late
The financial year that closed on 31-12-2024 was due by 31-07-2025 and was filed on 29-10-2025, 90 days later. Nearly half (47%) of Belgian companies file late; of those that file 1 to 90 days late, 2.0% are now bankrupt, dissolved or in another special legal status, against 1.66% of all filers. A delay like this does not count in the score.
NBB · 10 filings
Deviation from the deadline
2025
not filed
2024
90 days late
2023
118 days late
2022
61 days late
2021
194 days late
2020
12 days early
2019
114 days early
← before the deadline after the deadline →
tick = median of all Belgian filingsring = median in the sector

This company filed its last 6 accounts on average 56 days after the deadline; the sector median (NACE 49) for financial year 2024 is on the deadline day, and 49% of those companies filed late.

Searched, nothing found (1)
neutral · No strike-offs in the KBO publications
Searched since 2021.
KBO publications · our coverage
  1. Reappointments: Cools Francis Transport & Consulting…Permanent representatives: Francis Cools and…
  2. Annual accounts filedfinancial year 2024 · abbreviated…
  3. Amendment of the articlesGeneral meeting

Key points

  • Risk: 2025 accounts not fileddeadline was 31-07-2026 92 days past the deadline View
  • Positive: Largest company by total assets in Deinze, Transport and storage sectorin the Checked rankings No. 1 View
  • Controlled by Shaggie BV parent View
  • Positive: 7 profitable years in a rowprofit 2024: €119,723 7 years View
  • Flemish supportawarded from 2023 to 2025 €219,907 View

By topic

Financials

Financial year
2024
Total assets
€9.1m
Profit
€119,723
Solvency
34.1%
Turnover▼ 9.0%
Net result
20182023
Go to Financials

Board & ownership

Board
2 members
Parent
Shaggie BV
  • COOLS FRANCIS TRANSPORT & CONSULTINGDirector
  • S'Jegers ManagementDirector
Go to Board & ownership

Timeline

Events
46
Since
1986
  1. 26-11-2024Annual accounts filed
  2. 31-12-2023Weakest financial year
  3. 30-09-2023Annual accounts filed
Go to Timeline

Company details

Sites
1
Legal form
Public limited company
Activity
Freight transport by roadNACE 49410
Founded
07-09-1984
Year ends
31-12
Peppol
Reachable for e-invoices
Go to Company details

Articles of association

Provisions read
2
Financial year
From 1 July to 30 June
Annual meeting
Third Saturday of December at 17:00
Go to Articles of association

Key facts about COOLS TRANSPORT

What is the company number of COOLS TRANSPORT?
0426.215.921. In Belgium the VAT number is the company number with BE in front: BE 0426.215.921.
Where is COOLS TRANSPORT based?
The registered office is at Kouter 203, 9800 Deinze.Company details
What does COOLS TRANSPORT do?
According to the KBO register, the main activity is freight transport by road (NACE 49410).
What is the legal form of COOLS TRANSPORT?
Public limited company (NV).
When was COOLS TRANSPORT founded?
On 07-09-1984.
Is COOLS TRANSPORT still active?
Yes, COOLS TRANSPORT is an active enterprise in the KBO register.
How many employees does COOLS TRANSPORT have?
On average 49.4 full-time equivalents in financial year 2024, according to the filed annual accounts.Financials
What is the turnover of COOLS TRANSPORT?
€11.3m in financial year 2023, according to the filed annual accounts.
Is COOLS TRANSPORT profitable?
In financial year 2024, COOLS TRANSPORT made a profit of €119,723.
Where can I find the annual accounts of COOLS TRANSPORT?
COOLS TRANSPORT filed 40 annual accounts with the National Bank of Belgium, the latest for financial year 2024.

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